Raspberry Phones uses external data to forecast the coming year's sales. Raspberry Phones have 8% of all

Question:

Raspberry Phones uses external data to forecast the coming year's sales. Raspberry Phones have 8% of all new phone sales in the United States and 6% of all replacement phones. Industry forecasts predict an additional 18 million new phone buyers and replacement sales of 31 million phones in 2014. If the average Raspberry phone costs $85, what sales revenues is the company forecasting for 2014?
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question
Question Posted: